Why do many people not play contracts well? Some people can make stable profits in futures or stocks, but they always lose more than they gain in the cryptocurrency circle.

Because cryptocurrencies have no reliable endorsement, no adjustable table research and supply and demand, and are completely dominated by emotions.

Today, Trump is running for the US presidency, and the Niuma project has issued a similar token, and the token has no investment value. It is completely self-launched. Then, various Niuma KOLs promote it. For money, they will definitely join the camp of harvesting retail investors.

Here I want to reiterate that traders and KOLs should not be confused. KOLs will only post articles on CX and occasionally post a few insider delivery orders for retail investors to follow suit.

Traders will not accept cooperation from any project party, but will only do their own transactions. If they want to cash out, they will also realize it by leading orders or privately accepting orders from some big brothers of financial sponsors to do transactions. They will not set up any groups, let alone charge fees.

Both are Binance bloggers, but there are actual differences.

My personal suggestion is also the failure experience I have slowly summed up through trading during this period of time.

For contracts, focus on the mainstream. Either don’t do it, or do the leading contract if you want to do it.

The first choice is Bitcoin, followed by Ethereum.

Some people say that Bitcoin and Ethereum do not fluctuate much, and the dream of getting rich overnight cannot be realized.

The essence of profitable trading is compound interest rolling. I think few traders will tell you this, and I have also learned this through my own failed transactions.

For mainstream contracts, as long as you trade conservatively, you really won't lose much.

There are two aspects to the conservatism I mentioned. The first aspect is the price dividing line. For example, is the price of Bitcoin at 50,000 more cost-effective to rise or fall?

In this year, Bitcoin at 50,000 is definitely more cost-effective to rise. Therefore, if Bitcoin really reaches 50,000, you should be conservative and long instead of short. Even if your long position of 50,000 is trapped, you don't need to worry too much. No matter how much it falls, it is just a callback. What is there to be afraid of? Just control the position safety.

The second aspect is position safety. Some people are happy and use multiples to get rich. This is a big mistake. The contract eats the price difference of the rolling index. The multiple is large and the principal is small. A fluctuation will give you a stop loss. Even if you leave the market with a break-even index, you will lose money.$BTC